A new frame of mind for retirement planning
Many people plan for their retirement from a young age. It normally entails contributions to pension, provident and retirement annuity funds and it could include contributions to normal unit trusts as well. During the build-up period very few take the time to actually check or solicit advice to determine whether the planning would be sufficient […]
Things you need to consider when you change employment
A career change is a big deal at any stage or age. This can occur as a result of a decision made by you or someone else on your behalf. It was previously common for a person to work at the same company for decades or their entire working life. Frequent career change is the […]
The end of a marriage – financial implications reaching far beyond the divorce court
The number of divorces granted each year in South Africa is on the increase. The causes are numerous and the emotional effect can be overwhelming. As a result of the unpleasant nature of this event many people allow it just to “happen” to them, instead of taking control and planning it as meticulously as they […]
Important financial decisions when starting your working career
When we start our work career we are excited about many things. It is probably one of the most exciting, yet scary, times of our lives. Who can forget the feeling of receiving your first pay check and the feeling of independence that comes with it? Emotions are overwhelming as responsibilities set in. I remember […]
Twelve things you need to know about an Income Protector
Income protection policies pay you a regular monthly income until your selected retirement date in the event of a permanent disability. If you become temporarily disabled it will pay for the period that you are unable to work, after the expiry of the waiting period. If you are young you might not consider disability cover, […]
The value of Lifestyle Financial Planning
For a long time, I have wondered what lifestyle financial planning (LFP) actually means. I always thought I was implementing LFP to the optimum, but one day after a long, unplanned conversation with a client, I realized that my idea of LFP had shortfalls as I approached it in a segmented way and not holistically. It became […]
